By James Davey LONDON (Reuters) -European discount retailer Pepco Group reported a 22.8% surge in first-half revenue, as its low prices chimed with cash-strapped consumers and it opened a net 166 new[...]
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April 20, 2023
GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it said on Thursday, on strong demand and the restocking of its resp[...]
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Nokia profit misses forecast, expects stronger second half
By Supantha Mukherjee STOCKHOLM (Reuters) -Nokia on Thursday reported operating profit below market expectations for the first quarter and the Finnish company said it was seeing signs of customer spen[...]
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German producer prices rise less than expected in March
BERLIN (Reuters) – German producer prices rose less than expected in March, posting the smallest year-on-year increase since June 2021, according to data released on Thursday. Producer prices of[...]
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USTR’s Tai: Indo-Pacific trade talks could see results this year
TOKYO (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday Indo-Pacific Economic Framework (IPEF) trade negotiations are progressing “at a very quick pace” and she ex[...]
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GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan’s Rapidus
By Jane Lanhee Lee OAKLAND, California, (Reuters) -Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp, accusing it of unlawfull[...]
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Analysis-Seaplanes and tech gods: Spain’s drive to dish out $84 billion of EU cash
By Belén Carreño and Charlie Devereux MADRID (Reuters) – A request for seaplanes needed to fight forest fires is red-flagged because it could harm the environment. Companies seeking aid after be[...]
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Japan March export growth slows, annual trade deficit widens to record
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s export growth slowed in March, dragged down by a drop in China-bound shipments of cars and steel in a slide that underscores concern about slackenin[...]
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Google to use generative AI in its ad business – FT
(Reuters) -Alphabet Inc’s Google plans to introduce generative artificial intelligence into its advertising business over the coming months to create “novel” advertisements, the Fina[...]
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